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All Forum Posts by: Jay Walcott

Jay Walcott has started 4 posts and replied 22 times.

Post: LEASE OPTIONS

Jay WalcottPosted
  • East Stroudsburg, PA
  • Posts 22
  • Votes 10

@Jeremy Pace thank you for the reply, and that answer really did help.  So I have one more question, because I really do want to get this down.  Let's just say again, there's a deal with a wholesaler, would I be able to wholesale their property and assign it to one of my buyers?  But when I say that, I mean as far as leasing the property with that option since I would be apart of the deal and the details have been worked out with the other wholesaler ( I think CoWholsale ) .  I hope this is making sense, like i said I'm new to this.  lol

Post: LEASE OPTIONS

Jay WalcottPosted
  • East Stroudsburg, PA
  • Posts 22
  • Votes 10

Hi everybody, im new to real estate investing, but always had a mind for it.  Im looking into lease option deals, as far as collecting for assignments at first, then getting into the mix.  I was wondering if, a wholesaler had a property let's just say, and i wanted to lease option it, and find the end buyer and assign them the contract, how would this process work?   Because I feel like working with wholesalers are a lot easier to talk with than the seller, even though you would still need to speak with the real owner.  Where would the wholesaler get paid if the lease option was offered?  How do you structure the deal with a wholesaler?

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